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Microcap & Penny Stocks : DAVID SIRK's VALUE MOMENTUM PLAYS -- Ignore unavailable to you. Want to Upgrade?


To: Mr. Jens Tingleff who wrote (2081)5/20/1999 9:17:00 AM
From: NOHYPENOBULL  Read Replies (2) | Respond to of 4828
 
Good Morning to all.

I am going to suggest that all of you read the 10-ksb on KNSC today. This company is a real gem. If you look at the spread you will know how short the mm's are. All of the shares that are held were bought for $2.00 before 1995, there is nothing being sold back to them, so I figure that they shorted all of the stock yesterday. After doing more research, I found out that one market maker holds 970 shares in his account! We have a real short situation here, and if you can get in between, you will be doing yourself a favor. This is a very solid company that is looking to break into the internet in a big way. In reality it should be trading between .35 and .40 cents, but I am going to put in an order for .75, and see if they fill it. Ugly spread, but it will change real soon. Rumored news is coming, and they will adjust it.
Good Luck!